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Dec 7, 2012
12/12
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KTVU
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macs are making their way back to the u.s. apple ceo tim cook told bloomberg this week the company will begin manufacturing a line of mac computers in the u.s. most of apple's products are made in asia. factories such as foxconn, a major apple supplier, have come under heavy scrutiny for low wages and poor working conditions. cook said the company will spend $100 million on the manufacturing move in the states, but no word yet on where it will take place. in other apple news, the iphone is getting picked up by another carrier. t-mobile will begin selling the iphone next year. talks are back in the fiscal fight. according to the wall street journal, the staffs for president obama and house speaker boehner are talking again. it follows a nearly week-long silence. wednesday, the presdient and congressman boenher spoke by phone. on thursday, the president said he was optimistic a deal would get done as he sat down with a middle-class family in virginia to promote his tax plan new jersey governor chris christie is making a pitch to
macs are making their way back to the u.s. apple ceo tim cook told bloomberg this week the company will begin manufacturing a line of mac computers in the u.s. most of apple's products are made in asia. factories such as foxconn, a major apple supplier, have come under heavy scrutiny for low wages and poor working conditions. cook said the company will spend $100 million on the manufacturing move in the states, but no word yet on where it will take place. in other apple news, the iphone is...
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Oct 30, 2012
10/12
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KNTV
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now the u.s. department of labor has updated us this morning saying it will release the october jobs numbers as scheduled. remember, this will be the last time we will see those all important numbers before the presidential election. those will come on friday. hopefully everything back to normal by then. back to you. >> all right. scott mcgrew, thank you for the update. >>> we are dealing with fog in the bay area. let's go to christina loren with the update. >> san francisco is known for fog. we will see the sun come out. it will take a couple of hours in the city. by 1:00 p.m., it will be clearing. you can see that vividly. in san raphael, you are seeing complete sunshine. we are waiting for the sunshine in san jose. 58 degrees in san jose because of the low clouds. it's chilly for now. we have high pressure still very strong and that's going to bring your numbers up toward the 70s. it will be comfortable today once we get rid of the fog. we will get rid of the fog except santa rosa. you have poc
now the u.s. department of labor has updated us this morning saying it will release the october jobs numbers as scheduled. remember, this will be the last time we will see those all important numbers before the presidential election. those will come on friday. hopefully everything back to normal by then. back to you. >> all right. scott mcgrew, thank you for the update. >>> we are dealing with fog in the bay area. let's go to christina loren with the update. >> san...
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Oct 26, 2012
10/12
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KRCB
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the u.s. economy picks up steam thanks to spending by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries, tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe youoo. thas to a pick-up in spending by consers, the federal government and the housing sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy in the final months of this year. >> reporter: an economy growing at a 2% annual rate is hard
the u.s. economy picks up steam thanks to spending by consumers and the government. >> susie: i'm susie gharib. we take you to a wells fargo event in chicago, where housing grants could turn renters into buyers. >> tom: then, from tax hikes to corporate earnings worries, tonight's "market monitor" guest says investors are facing a cliff of concern. robert stovall of wood asset management joins us. >> susie: that and more tonight on "n.b.r."! >> tom:...
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Oct 27, 2012
10/12
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KQEH
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me >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by conumers, the federal government and the housing c sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy the final months of this year. >> reporter: an economy growing at a 2% annual rate is hardly anything to celebrate. sure it could've been worse. but, clearly at three-years post great recessi , it should be a lot better., experts call it a side-ways economy, one that is unabltona create enough jobs to bring down the nation's stubborn unemployment rate. but, people on the streets of new york have different takes on what a 2% economy means to them: >> it means first of all that anyone trying to look for employment is going have a tough
me >> tom: the u.s. economy actually sped up in the third quarter, surprising economists and maybe you too. thanks to a pick-up in spending by conumers, the federal government and the housing c sector, the gross domestic product grew at a 2% annual rate in july through september. that 2% pace was stronger than expected and much better than what the economy experienced in the second quarter. suzanne pratt takes a closer look at the data and what it suggests about the economy the final...
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Oct 30, 2012
10/12
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CNBC
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u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last time by the way the new york stock exchange was closed for more than a day because of weather, 1888. when a snowstorm piled up to 40-foot drifts. u.s. refineries had to shut nearly all the east coast fuel supplies ahead of sandy and they'll begin assessing damage today. three of the key six refineries shut down. analysts estimate sandy could cost between $5 billion and $10 billion in ensured losses. it would be the fifth costliest hurricane in u.s. history. sandy could cause more wind and flood damage than hurricane irene did last year. new york city and especially lower manha
u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last time by the way the new york stock exchange was closed for more than a day...
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Dec 20, 2012
12/12
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CNNW
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. >>> i will use all the powers of this office to help advance efforts aimed at preventing tragedies like this. we can't prevent them all, but that can't be an excuse not to try >> president obama pledging to propose new legislation by next month. new polling shows 52% now in favor of major gun restrictions. 37% favor major restrictions. 15% want to make all guns illegal. 33% support minor restrictions and 33% want no restrictions at all. which may explain why conser conservative democrats
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male...
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Dec 15, 2012
12/12
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CNNW
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >>> this is a community of 27,000 people. newtown, connecticut, it is quiet, it is spacious. there are halcyon areas where trees stretch between houses, and yet it's still a close town and people know each other and they needed something, anything, to try to come together after the horrors that they were forced to endure today. the fact that so many of their children wiin this community wi no longer be with them. they gathered at a catholic chur church, st. rose of lima. you were there for the vigil tonight. jason carroll, it was standing room only? >> beyond that. hundreds of people outside here, ashleigh, who couldn't get inside. they came out here, they wanted something, anything, leaning on each other and they leaned on their faith and they came out today, no question about it. spoke to a deacon here, explained it, and said when you have a community this close it should come as no surprise, hunsds hundreds o
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. >>> this is a community of 27,000 people. newtown, connecticut, it is quiet, it is spacious. there are halcyon areas where trees stretch between houses, and yet it's still a close town and people know each other and they needed something, anything, to try to come together after the horrors that they were forced to endure today. the fact that so many of their children wiin this...
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Dec 15, 2012
12/12
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KPIX
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. even though our mom tries, she doesn't really get us. and she'll never know who we are, or what... no way, madden girls?? nike! they're so awesome! nike! wow! yeahhhh! thank you! who's your mommy now? it's a christmas miracle. give victoriously. famous brands. famously easy. famous footwear. victory is yours. >>> the attack on the sandy hook elementary school here in newtown is drawing comparisons to past tragedies, especially the columbine high school shootings 13 years ago in colorado. daryl scott's daughter rachel died that day. his son craig was inside the school and witnessed his friends being killed. daryl scott now works to prevent school violence and he joins us now from denver. thank you so much for joining us, a different good morning. >> you're welcome. thank you. >> it is nearly impossible for anybody to even comprehend what you've gone through, but the people here are going through it now, and i won
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. even though our mom tries, she doesn't really get us. and she'll never know who we are, or what... no way, madden girls?? nike! they're so awesome! nike! wow! yeahhhh! thank you! who's your mommy now? it's a christmas miracle. give victoriously. famous brands. famously easy. famous footwear. victory is yours. >>> the attack on the sandy hook elementary school here in newtown is...
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Oct 26, 2012
10/12
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KNTV
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eye 119
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from the all-time peak of $700 five -- $705.07 on september 21st when the iphone went on sale in the u.s. and eight other countries. when ipad mini was announced, it was announced that the apple 4 was released. specifically for anybody who bought the ipad 3. it is brand new for the most part. apple announced that back in march. people are bitter now their technology is outdated after months after the purchase. scott mcgrew is hearing apple will extend the return policy from 15 days to 30 days. they will exchange the ipad 3 and now tired and old worn out technology for the ipad 4. >>> microsoft released windows 8 and now a tablet computer. it is designed to make desktop and laptop computers work more like tablets. microsoft will release another version of windows 8 for smartphones. microsoft surface hits store shelves today. the service starts at $499 and run a modified version of windows 8 and the display is slightly larger than the ipad. >>> the countdown continues. 11 days left before voters can officially declare a winner. president obama and governor romney working very hard for thei
from the all-time peak of $700 five -- $705.07 on september 21st when the iphone went on sale in the u.s. and eight other countries. when ipad mini was announced, it was announced that the apple 4 was released. specifically for anybody who bought the ipad 3. it is brand new for the most part. apple announced that back in march. people are bitter now their technology is outdated after months after the purchase. scott mcgrew is hearing apple will extend the return policy from 15 days to 30 days....
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Nov 27, 2012
11/12
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FBC
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cheryl: so u.s. focused as you are, the first half of 2012 because of lack of natural disasters and numbers were fairly good, what we looking at for the second half of 2012? >> in the second half we had superstorm sandy and a lot of work to be done to assess the true cost of superstorm sandy. the best estimates at the moment for the costs to the insurance industry, not the economic costs but costs to the insurance industry between $15 billion and $25 billion, superstorm sandy on par with hurricane ike. cheryl: what does it mean for lloyd's? >> we will pick up a proportion of that, anything between 5%, and 10% of these storms when they hit the u.s. but at this stage without a clear understanding of the number it is difficult to say what it is, working with syndicates in lloyd's market to come up with an estimate they hope we will have by the end of the year. cheryl: one thing we talk about on the east coast is constructing coastal flood barriers. is that something you support? >> couldn't hear the que
cheryl: so u.s. focused as you are, the first half of 2012 because of lack of natural disasters and numbers were fairly good, what we looking at for the second half of 2012? >> in the second half we had superstorm sandy and a lot of work to be done to assess the true cost of superstorm sandy. the best estimates at the moment for the costs to the insurance industry, not the economic costs but costs to the insurance industry between $15 billion and $25 billion, superstorm sandy on par with...
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Dec 29, 2012
12/12
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FBC
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that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal. read what's going on in amsterdam with prime property being vacant. look at what is going on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitch
that is what they're doing in japan in the u.s. that is what is using the market . tom: you are kind of a macro guy. you looked at the broad market place. i have to ask you. is the marketplace bigger than washington to act even though they are dunderheads down their running the place, and i know they make a lot of policy. and we, the media, give them a lot of attention. doesn't the market cycle override what they can do? >> this is a global collapse. pick up today's wall street journal....
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Dec 21, 2012
12/12
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CNNW
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secretaries of state spoke to the senate foreign relations committee today about the attack on the u.s. con sue late in benghazi. there were painful lessons learned in benghazi and we have to do better. the state department is promising to improve security at diplomatic posts around the world. >>> bernie madoff's brother peter has been sentenced to ten years in prison for his role in helping cover up his brother's ponzi scheme. before sentencing, he said he's deeply ashamed by his conduct and accepts full responsibility for his actions. check out these pictures from a volcano in ecuador, hundreds of people have reportedly been forced to evacuate from their homes in the town of runsen. the volcano has been active for more than a decade and has recently been seen eruptions. >>> how something as simple as baking pies is bringing comfort to newtown, connecticut. [ male announcer ] this is sheldon, whose long dy setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away al
secretaries of state spoke to the senate foreign relations committee today about the attack on the u.s. con sue late in benghazi. there were painful lessons learned in benghazi and we have to do better. the state department is promising to improve security at diplomatic posts around the world. >>> bernie madoff's brother peter has been sentenced to ten years in prison for his role in helping cover up his brother's ponzi scheme. before sentencing, he said he's deeply ashamed by his...
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Nov 1, 2012
11/12
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CNBC
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but if you look at the general picture of equities here in the u.s. and corporate balance sheets, particularly valuation levels, stocks are just not expensive here. they may not be dirt cheap, but they're certainly not expensive either. we think, you know, now through the end of the year the things that have worked over the course of the last 12 to 18 months continue to work. large equities is certainly in that category. >> certainly the large dividend payers as well. all right. the sectors that have performed well all year jurnunderperforme last week. we're seeing them in the lead now. what would be your guess in terms of where the money moves sector-wise? >> i think as was just mentioned, next tuesday is a major roll of the dice. several people have strategically played that very well. particularly dividend payers. i think what you're seeing is some people kind of cleaning up, taking some profits, reducing their risk in that thing in case there is a surprise in the election. i think they're holding back now, but i still see things being somewhat def
but if you look at the general picture of equities here in the u.s. and corporate balance sheets, particularly valuation levels, stocks are just not expensive here. they may not be dirt cheap, but they're certainly not expensive either. we think, you know, now through the end of the year the things that have worked over the course of the last 12 to 18 months continue to work. large equities is certainly in that category. >> certainly the large dividend payers as well. all right. the...
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Dec 18, 2012
12/12
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WJZ
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ]...
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Oct 30, 2012
10/12
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CNBC
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tonight the cme group will reopen its u.s. equity endex futures and options markets. tomorrow it will resume normal hours of the trading floor. joining me now in an exclusive interis the cme chairman. we appreciate you spending the time with us today. >> thanks, maria. our thoughts and prayers are with you and everyone in new york. >> thank you so much. tell us what worked last night. what with did go operational? what kind of trading are you expecti ining tonight? >> you know, everything pretty much worked. we have with invested tremendously in our back-up facilities. we were up and running with no problems whatsoever. we didn't see a tremendous amount of movement in the market, which i think is actually a good thing for what's gone on in the world right now. so we saw the s&p go from roughly 1407 to as low as 1399 and come back up as high as 1411 when we closed up this morning. we are seeing some activity. the volume i would say is just a little bit off of what it would normally be. >> so as the savvy trader you have been in the past, what would you expect once trad
tonight the cme group will reopen its u.s. equity endex futures and options markets. tomorrow it will resume normal hours of the trading floor. joining me now in an exclusive interis the cme chairman. we appreciate you spending the time with us today. >> thanks, maria. our thoughts and prayers are with you and everyone in new york. >> thank you so much. tell us what worked last night. what with did go operational? what kind of trading are you expecti ining tonight? >> you...
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Nov 4, 2012
11/12
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KRCB
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meanwhile, cardinal timothy dolan, president of the u.s. conference of catholic bishops, offered benedictions at both the democratic and republican conventions. for months, the bishops have led a vigorous campaign against the obama administration's policy mandating that employers, including many religious employers, offer free coverage of contraceptive services to their employees. the bishops accuse the obama administration of violating religious liberty. it's unclear how much those efforts have changed any opinions among voters. polls show catholics remain deeply divided, and that could be especially important in battleground states such as ohio, pennsylvania and florida. while much of the focus has been on the economy, green says here at the end of the campaign, other social issues may play an important role. >> there's some strong incentives for the parties to reach out for secondary issues. issues like women's rights, religious liberty, the environment, foreign policy. because if voters are evenly divided on their most salient issue, th
meanwhile, cardinal timothy dolan, president of the u.s. conference of catholic bishops, offered benedictions at both the democratic and republican conventions. for months, the bishops have led a vigorous campaign against the obama administration's policy mandating that employers, including many religious employers, offer free coverage of contraceptive services to their employees. the bishops accuse the obama administration of violating religious liberty. it's unclear how much those efforts...
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Nov 9, 2012
11/12
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WUSA
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s role in fending off an attack on the u.s. consulate in benghazi, libya, which left the u.s. ambassador and two c.i.a. contractors dead. petraeus met his wife holly when he was a cadet at west point. she's a top appointee at the new consumer protection financial bureau. petraeus often describes her as "bright, nice, and a pit bull. someone you want in your corner." the deputy director of the c.i.a., michael more thell has been described as acting director, white house officials describe him as a total pro, an all star who advised the president on his decision to raid osama bin laden's compound in pakistan. so morell it would seem is on the short list to replace petraeus. white house officials insist tonight, scott, they knew nothing about petraeus' infidelity or this f.b.i. investigation until wednesday, the day after the presidential election. >> pelley: nancy, thanks very much. we're joined by senior conquer respondent john miller, who's been talking to his sources on the story. john, why would the f.b.i. be investigating the communications of the director of the c.i.a.? >>
s role in fending off an attack on the u.s. consulate in benghazi, libya, which left the u.s. ambassador and two c.i.a. contractors dead. petraeus met his wife holly when he was a cadet at west point. she's a top appointee at the new consumer protection financial bureau. petraeus often describes her as "bright, nice, and a pit bull. someone you want in your corner." the deputy director of the c.i.a., michael more thell has been described as acting director, white house officials...
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Nov 2, 2012
11/12
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CNBC
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category growth in the u.s. is picking up, however. we saw about almost 1.5% to 2% category growth in the u.s. that's a big reversal from where it was two years ago where it was down 2%. we're starting to see the consumer stabilize in the u.s. we're certainly seeing better growth in latin america in particular. >> let me ask you about the implications of hurricane sandy. first off, these gas lines in new york. the story has been just horrible with people unable to get gasoline because these gas stations do not have power. has this impacted your business? >> it hasn't yet, maria. we have one major manufacturing facility in the path of the storm. that was in aberdeen, maryland. our folk there is had the plant shut down for about 24 hours from midday monday to midday tuesday. big issue has been getting truckers. the rail hasn't been shut down. i'd say by today we're getting fairly back to normal. our folks did a pretty good job of building inventory before the storm hit. so we only think we're down by 100 to 200,000 cases where we would h
category growth in the u.s. is picking up, however. we saw about almost 1.5% to 2% category growth in the u.s. that's a big reversal from where it was two years ago where it was down 2%. we're starting to see the consumer stabilize in the u.s. we're certainly seeing better growth in latin america in particular. >> let me ask you about the implications of hurricane sandy. first off, these gas lines in new york. the story has been just horrible with people unable to get gasoline because...
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Nov 16, 2012
11/12
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KGO
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. >> reporter: the september 11th attack in benghazi, libya, left four people dead, including u.s. ambassador chris stephens. yesterday, lawmakers heard from the acting cia director behind closed doors and watched the real-time video of the attacks. >> number one, were mistakes made? gosh, we know mistakes were made. and we have to learn from it. >> reporter: there's been many questions about the attack. the obama administration initially blamed it on protests over an anti-muslim video. that story later shifted, raising questions about what the administration knew and when they knew it was actually a terrorist attack. >> i don't think that the intelligence community, in any way, politicized the intelligence they were providing to members of the administration or congress. i think they gave us their best initial assessments. >> reporter: when petraeus testifies today, he's expected to give a timeline of events leading up to and during the attack. there's been a lot of focus on petraeus' affair and whether his conduct compromised national security. petraeus isn't expected to talk abo
. >> reporter: the september 11th attack in benghazi, libya, left four people dead, including u.s. ambassador chris stephens. yesterday, lawmakers heard from the acting cia director behind closed doors and watched the real-time video of the attacks. >> number one, were mistakes made? gosh, we know mistakes were made. and we have to learn from it. >> reporter: there's been many questions about the attack. the obama administration initially blamed it on protests over an...
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Nov 16, 2012
11/12
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WMAR
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heads to capitol hill, where he will face tough questions from lawmakers over the deadly attack on the u.s. consulate in libya. the hearings are being held behind closed doors. >>> quick look at weather. mostly pleasant in the east and the midwest, except for showers around d.c. it will be a rainy day out west along the california coast. >>> finally this friday morning, the late-night comics have had plenty of grift for their monologues this week. >> we start with stephen colbert's take on the petraeus sex scandal. >> this story has everything. a decorated war hero that is america's spy master, has an affair with his own sexy biographer, who senses the spy master is stepping out on her with a second girlfriend. she sends an e-mail from a secret account saying, step off. and the second hottie freaks out and contacts her friend, an fbi agent, who launches an investigation, but gets pulled off the case because he sent her a shirtless photo. meanwhile, the spy master's protege, also a general, has spent thousands of e-mails to the second woman. this isn't just a love triangle, folks. it's a lo
heads to capitol hill, where he will face tough questions from lawmakers over the deadly attack on the u.s. consulate in libya. the hearings are being held behind closed doors. >>> quick look at weather. mostly pleasant in the east and the midwest, except for showers around d.c. it will be a rainy day out west along the california coast. >>> finally this friday morning, the late-night comics have had plenty of grift for their monologues this week. >> we start with...
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Nov 9, 2012
11/12
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CNBC
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. >> you've got the u.s. marines in afghanistan. >> in honor of my grandfather. >> in honor of my great grandfather. >> thank you to the veterans today and the ones that came before us to help make our nation free. [ applause ] . >> welcome back to our special salute to the troops show. we're proud to have so many brave men and women. i will gladly admit that there are some things the government does really well with national defense at the top of the list. but when you find yourself in a situation where we are at now, that's a problem. i'm a stock guy. i hate to pontificate about politics. it's supposed to be private. but with the fiscal cliff coming at the end of the year, politics actually matter. i am urging leaders to rise above partisan politics and solve this dire situation. the last time was in the summer of 2011. that was no fun time to be an investor. now the senator makes sense to stocks that could, just bring the register on some. with a moment like this, what you really so let me talk to you abou
. >> you've got the u.s. marines in afghanistan. >> in honor of my grandfather. >> in honor of my great grandfather. >> thank you to the veterans today and the ones that came before us to help make our nation free. [ applause ] . >> welcome back to our special salute to the troops show. we're proud to have so many brave men and women. i will gladly admit that there are some things the government does really well with national defense at the top of the list. but...
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Nov 8, 2012
11/12
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CNBC
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even the u.s. economy alone is two economies right now. 80% of people never feel we came out of the recession because they peaked in their spending. their house is under water. 20% of people are college educated. very low unemployment rates. they benefitted from qe and the markets rising back. they peak in their 50s instead of mid-40s. the wealthier part of our economy is due to tailor off. the demographics in europe just go off a cliff for many, many years to come. yes, you can have nice little things in the economy and stimulus, but you can't get older people to spend money, and europe has the worst problems because they have the worst demographic. >> listen. the economist in britain taught us that demographics do not have a very strong predictive value, particularly when it comes to markets. in 1998, harry wrote a book saying the dow was going to 35,000. in 2009, he wrote about the great depression that was ahead, and the s&p has gone up 110% off the lows. the economy has gone to new highs in gd
even the u.s. economy alone is two economies right now. 80% of people never feel we came out of the recession because they peaked in their spending. their house is under water. 20% of people are college educated. very low unemployment rates. they benefitted from qe and the markets rising back. they peak in their 50s instead of mid-40s. the wealthier part of our economy is due to tailor off. the demographics in europe just go off a cliff for many, many years to come. yes, you can have nice...
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Nov 2, 2012
11/12
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CNBC
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the u.s. chamber of commerce, though they didn't want us to have a camera in their phone banks, say they're also making millions of calls this weekend. everyone is trying to goose the turnout. the turnout by the two sides is what's going to tell us which of these poll models is correct. the likely voters are something that pollsters can only guess at. they're trying to turn likely voters into actual voters. >> all right, john. thanks so much. we'll keep watching that. very, very important component to this story. >>> 40 minutes before the closing bell sounds on wall street for friday. the market is under pressure today after being up 57 points on the better than expected jobs numbers. a complete reversal. we're looking at a triple-digit decline to end the week. >>> meantime, verizon is warning that now that superstorm sandy could significant hit its bottom line. what about at&t? has it been hit as well? comparing those two coming up next. >>> and how will sandy impact clorox? the ceo will join
the u.s. chamber of commerce, though they didn't want us to have a camera in their phone banks, say they're also making millions of calls this weekend. everyone is trying to goose the turnout. the turnout by the two sides is what's going to tell us which of these poll models is correct. the likely voters are something that pollsters can only guess at. they're trying to turn likely voters into actual voters. >> all right, john. thanks so much. we'll keep watching that. very, very important...
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Nov 9, 2012
11/12
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WTTG
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u.s. postal service is kicking it into gear. postal officials gathered in northwest today to kick off the holiday mailing and shipping season. >> this year the postal service will process about 560 million pieces of mail every day. during the holidays that adds up to 18 billion cards, letters and packages. we're going to -- and we will be delivering every single one because our 300 million customers expect nothing less. >> the postmaster expects december 17th will be the busiest mailing day of the year. he says the last day you can use express mail will be december 22nd. >>> we are kicking off a brand- new segment tonight profiling businesses or services we believe could be the next great thing. fox 5 consumer reporter laura evans joins us now with three businesses on the move. >> when you look at the business, you think why didn't i think of that. tonight we are profiling companies built on blow dries, ties and finding just the event activity for you. it's all about looking good, feeling
u.s. postal service is kicking it into gear. postal officials gathered in northwest today to kick off the holiday mailing and shipping season. >> this year the postal service will process about 560 million pieces of mail every day. during the holidays that adds up to 18 billion cards, letters and packages. we're going to -- and we will be delivering every single one because our 300 million customers expect nothing less. >> the postmaster expects december 17th will be the busiest...
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Dec 1, 2012
12/12
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CNNW
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canada is one example. 70% homeownership in the u.s. 65% in canada. you have the powerful lobbyists on your side, america, protecting this thing with everything they've got. they may very well succeed in swaying lawmakers to not touch the mortgage interest rate deduction. but you need to know where it came from, who benefits from it and what it costs. so, who better to explain that to us than christine romans? she joins us now. >> it's one of the most expensive. ali, of the tax goodies in the tense and complex tax code. it is the mortgage deduction. it's the middle class's most cherished tax break. it is the third largest tax break on the books. but who is it really helping? it tends to benefit the upper middle class families the most. these bars behind me show income and the circles show the average savings for those with annual income up to $40,000, the average savings is a whopping $91 a year, ali. for those earning more than $250,000, their savings is $5500. 65% of americans live in a home that they own. it was up nearly 70% during the housing boo
canada is one example. 70% homeownership in the u.s. 65% in canada. you have the powerful lobbyists on your side, america, protecting this thing with everything they've got. they may very well succeed in swaying lawmakers to not touch the mortgage interest rate deduction. but you need to know where it came from, who benefits from it and what it costs. so, who better to explain that to us than christine romans? she joins us now. >> it's one of the most expensive. ali, of the tax goodies in...
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Dec 5, 2012
12/12
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WETA
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but what the u.s. oil and natural gas assets bring to the table, in addition to commodities, is well outside freport's existing portfolio of business, is a reduced level of country risk, especially compared to what you undertake when you do business in indonesia or the d.r.c. >> tom: just a half minute left, and i want to ask you about the stock for freport mac moran, how should long-term investors take a look at this? >> well, long-term investors that had been sitting in freport original need to ask themselves are you really interested in this oil and gas story. because you need to remember investors to have undertaken this deal on their own. they didn't need freporto go out and lever up and pay a 39% premium for planes. >> tom: dan, do you own freport? >> i do not. >> tom: daniel rohr with us, he is with morningstar. >> reporter: i'm erika miller in new york. tomorrow, we'll talk to the c.e.o. of kitchen chain sur la table and hear his outlook for holiday spending. >> susie: finally, we want to remin
but what the u.s. oil and natural gas assets bring to the table, in addition to commodities, is well outside freport's existing portfolio of business, is a reduced level of country risk, especially compared to what you undertake when you do business in indonesia or the d.r.c. >> tom: just a half minute left, and i want to ask you about the stock for freport mac moran, how should long-term investors take a look at this? >> well, long-term investors that had been sitting in freport...
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Nov 10, 2012
11/12
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WTTG
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live life heroically. >>> seven u.s. navy seals are under fire after sharing disclosed information with the makers of this popular military game. it's called medal of honor war fighter. authorities say the seals released classified information and misused command gear while working as paid consultants to help create the game. the seals have been reprimanded. four others are now under investigation. >>> he died serving his country and last night u.s. ambassador to libya chris stevens was honored in washington. he was given a posthumous reward. secretary of state hillary clinton was at the presentation of this year's common ground awards. >> chris stevens was an inspiration to all who served with him and knew him during his life. he remains an inspiration now and i believe far into the future. >> stevens' sister received a standing ovation as she accepted the reward on her brother's behalf. the obama administration is still investigating the attack on the u.s. consulate in benghazi and looking for the people responsible fo
live life heroically. >>> seven u.s. navy seals are under fire after sharing disclosed information with the makers of this popular military game. it's called medal of honor war fighter. authorities say the seals released classified information and misused command gear while working as paid consultants to help create the game. the seals have been reprimanded. four others are now under investigation. >>> he died serving his country and last night u.s. ambassador to...
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Nov 3, 2012
11/12
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WBAL
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jonathan green came to the u.s. several years ago from panama. his parents entered the u.s. legally. >> we have applied but the process six years. >> opponents contain subsidizing illegal aliens will cost taxpayers $228 million a year. >> it will cost $40 million a year for just 1000 students. >> the department could not come up with a reliable estimates but they told legislators it could cost taxpayers $778, 000 in 2014 and go up by -- go up to $3.5 million by 2016. >> the problem is there is not a path 81 me to become documented. that is what we can do right now -- if you want me to become documented. that is why we cannot do it right now. >> they must attend a community college than transfer to a university. sign an affidavit it will seek permanent residency. of business owners to oppose the dream act, the state is reporting lawbreakers. one businessman says he is lost 75% of its business. porter's consider it an investment. a study backs up that claim. >> the benefits will greatly outweigh the costs. >> in state tuition is $8,000. at the state, $24,000. undocumented stud
jonathan green came to the u.s. several years ago from panama. his parents entered the u.s. legally. >> we have applied but the process six years. >> opponents contain subsidizing illegal aliens will cost taxpayers $228 million a year. >> it will cost $40 million a year for just 1000 students. >> the department could not come up with a reliable estimates but they told legislators it could cost taxpayers $778, 000 in 2014 and go up by -- go up to $3.5 million by 2016....
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Nov 10, 2012
11/12
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KPIX
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although the raid itself was carried out by the u.s. military. when petraeus took over, he omomised not to turn the c.i.a. into another military ryganization. >> i'm taking off the uniform that i've worn proudly for 37 years to do this job, i think, in the right way. >> pelley: at the start of the iraq war, petraeus asked the now eumous question "tell me how this ends." when he said that, he surely could not have imagined how his own career would end. k> pelley: david, thank you. barely three days after winning reelection, the president said today it is time to get back to work and job one is trying to work out a deal with republicans who control the house to cut the federal deficit by the end of the year to avoid that so-called fiscal cliff. >> i want to be clear: i'm not wedded to every detail of my plan. i'm open to compromise. i'm open to new ideas. omm committed to solving our fiscal challenges. but i refuse to accept any approach that isn't balanced. i'm not going to ask students and seniors and middle-class emilies to pay down the entire h
although the raid itself was carried out by the u.s. military. when petraeus took over, he omomised not to turn the c.i.a. into another military ryganization. >> i'm taking off the uniform that i've worn proudly for 37 years to do this job, i think, in the right way. >> pelley: at the start of the iraq war, petraeus asked the now eumous question "tell me how this ends." when he said that, he surely could not have imagined how his own career would end. k> pelley: david,...
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Nov 7, 2012
11/12
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WTTG
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wisconsin, voters elected an openly gay u.s. senator, tammy bald win. >> and that is carried for all 29 years. >> reporter: holding hands, sit killing much in love. it was no one 83 when theresa williams and joe began their relationship after moving to washington. >> 29 1/2 now. >> reporter: two are now in college. >> two of the boys voted in this election. >> reporter: it's a safe bet their son's voted in favor of same-sex marriage. it's something their moms have wanted and have been unable to do in a state they call home. >> we have lived in maryland for almost 30 years. this is our home, this is where we created our family here in maryland and this is where we wanted to get married. >> reporter: a convincing of major -- voted in favor of same- sex marriage. an opposition. >> it's been a long time coming. >> reporter: efforts were made, she said, to include everyone in the discussion. >> we crossed party lines all races and creeds, we had supporters of every level behind us. >> reporter: they admit it feels odd. planning a wed
wisconsin, voters elected an openly gay u.s. senator, tammy bald win. >> and that is carried for all 29 years. >> reporter: holding hands, sit killing much in love. it was no one 83 when theresa williams and joe began their relationship after moving to washington. >> 29 1/2 now. >> reporter: two are now in college. >> two of the boys voted in this election. >> reporter: it's a safe bet their son's voted in favor of same-sex marriage. it's something their moms...
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Nov 25, 2012
11/12
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CNNW
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the u.s. state department today, fire trucks raced to the department headquarters before noon, a flash fire in the duct work of the building forced everyone to evacuate and sent three people in the hospital, construction workers were among the few in the building because it's a holiday weekend. a gas explosion that damaged more than 40 buildings. a camera captured the moment of the blast. mostly emergency workers were injured. they were called to the scene because of reports of the gas smell. they evacuated most of the area an hour before the explosion. superstorm sandy is at $29 billion at cost. governor chris christie said that the final total will only be known after taking into account next summer's tourist season. it was said this that they would ask the federal government for $30 billion for the state's recovery. here is what else we are working on. it's the search for a missing millionaire and one of the most bizarre stories i have ever covered in quite a long time. i don't know mcavenf
the u.s. state department today, fire trucks raced to the department headquarters before noon, a flash fire in the duct work of the building forced everyone to evacuate and sent three people in the hospital, construction workers were among the few in the building because it's a holiday weekend. a gas explosion that damaged more than 40 buildings. a camera captured the moment of the blast. mostly emergency workers were injured. they were called to the scene because of reports of the gas smell....
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Dec 2, 2012
12/12
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CNNW
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so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me tell you, the american society of civil engineers says if you spend the $11 billion this is a multiplier effect, you get an extra $55 billion in economic output. it would protect 461,000 jobs. it would generate $73 billion in disposable personal income and create in disposable personal income. michael grunwald is the author of the new deal, the hidden story of change in the obama era. in his book, he argues for increased investment in energy infrastructure. mike, welcome to the show. you say that the electrical grid is slowly actually improving. we have any of that change, would any of these changes we're talking about have had a different effect on what the people in the northeast went through as a result of hurricane sandy, or are we talking apples and oranges here. >> president obama had $11 billion for a smarter grid in his much maligned stimulus bill in 2009. and as a result, for instance, in the washington, d.c. area, the pepco utility was able to get just about everybody
so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me tell you, the american society of civil engineers says if you spend the $11 billion this is a multiplier effect, you get an extra $55 billion in economic output. it would protect 461,000 jobs. it would generate $73 billion in disposable personal income and create in disposable personal income. michael grunwald is the author of the new deal, the hidden story of change in the obama era. in his book, he...
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Dec 6, 2012
12/12
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CNBC
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take a look at how u.s. markets interpreted what the ecb did earlier today, cutting its european growth outlook. we saw the dollar strengthen. that has weighed on commodity prices. energy prices in particular across the board with the wti contract closing at a three-week low. we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher than a year ago. back to you guys. >> sharon, thank you. well, consumer reports out with a new report on ford's top hybrids and their big mileage claims. the results, let's just say, are not ideal for ford. phil lebeau joining us here. what is the news? >> essentially we're talking about the ford fusion hybrid and the ford c-max hybrid. both of those models claim, according to ford, they are believed to get 47 miles per hour. that's how ford advertises them. that's on the sticker eer on t windows. consumer reports brou
take a look at how u.s. markets interpreted what the ecb did earlier today, cutting its european growth outlook. we saw the dollar strengthen. that has weighed on commodity prices. energy prices in particular across the board with the wti contract closing at a three-week low. we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher...
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Oct 25, 2012
10/12
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WRC
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it does appear the u.s. will be hit by sandy somewhere between the mid-atlantic, the chesapeake and up here into northern new england. exactly where yet is too early to tell. again, sunday, monday. the biggest impact will be tree damage and the winds causing trees to fall. the areas that have leaves on the trees. river flooding looks to be a big issue. coastal flooding, high tides, beach erosion. maybe a blilt of structural damage from the winds itself. looks like an historic event is four days away. >>> unreal. now for entertainment news. tom cruise has filed a $50 million lawsuit against "life & style" and in touch magazine. they defamed him in headlines claiming he abandoned his 6-year-old daughter suri which the suit maintains is a vicious lie. >>> it is that time again where this year's top earnings and celebrities is out. and it is all according to forbes. at number five singer bob marley with $17 million. number 4, peanuts creator charles m. schultz with $37 million. number three, the king of rock and
it does appear the u.s. will be hit by sandy somewhere between the mid-atlantic, the chesapeake and up here into northern new england. exactly where yet is too early to tell. again, sunday, monday. the biggest impact will be tree damage and the winds causing trees to fall. the areas that have leaves on the trees. river flooding looks to be a big issue. coastal flooding, high tides, beach erosion. maybe a blilt of structural damage from the winds itself. looks like an historic event is four days...
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Aug 11, 2012
08/12
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KOFY
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it has been a year since an ad ran calling on the u.s. to kil cut military aid to its rachel it was a dangerous message and had to be countered with the truth. >>reporter: the truth being in the eye of the beholder. i showed the ad to muslim going into friday prayer at san francisco mosque. >> no. i can't support israel. no. >>reporter: adam called it propaganda. tv pointed out the ad distorts the meaning of jihad. >> doesn't mean killing people or anything like that. >>reporter: he's correct. jihad means struggle. frequently used as in striving towards the way of god. >> i think we should support everyone on this earth. with tolerance. >>reporter: bus message didn't sit very well with the city of new york transit authority. they refused to run the ad. and gellor took them to court. >> and interestingly enough the day that i one was the day that that san francisco approved my ads currently running on your bus. >>reporter: coincidence? no. not according to muni spokesman. >> litigation water brought to the organization and we lost. >>repor
it has been a year since an ad ran calling on the u.s. to kil cut military aid to its rachel it was a dangerous message and had to be countered with the truth. >>reporter: the truth being in the eye of the beholder. i showed the ad to muslim going into friday prayer at san francisco mosque. >> no. i can't support israel. no. >>reporter: adam called it propaganda. tv pointed out the ad distorts the meaning of jihad. >> doesn't mean killing people or anything like that....